68, MONUMENT LANE, CODNOR PARK, NOTTINGHAM, NG16 5PJ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

68 MONUMENT LANE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £240,000 in December 2022, which was around 27% below the average December 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

68 MONUMENT LANE Sold Prices

Land registry data shows four sales for 68 MONUMENT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 68 MONUMENT LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 9 DEC	£240,000	£327,054	27% below HPI
2019 16 OCT	£171,000	£255,814	33% below HPI
2010 27 JUL	£125,000	£198,900	37% below HPI
2006 21 JUL	£124,950	£191,389	35% below HPI

68 MONUMENT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 68 MONUMENT LANE sales between July 2006 and December 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 68 MONUMENT LANE?

68 MONUMENT LANE is 68m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses by size in Ironville, and where 68 MONUMENT LANE lies on this distribution: 6% of detached houses are smaller than 68 MONUMENT LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ironville.

68 MONUMENT LANE: Plot and Title Map

68 MONUMENT LANE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 68 MONUMENT LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 68 MONUMENT LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 68 MONUMENT LANE?

68 MONUMENT LANE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 68 on MONUMENT LANE.